Managed futures look to be moving up in class, with the most recent edition of the Economist mentioning managed futures in an article talking about how momentum can work. And while it is nice to see managed futures mentioned in a magazine just slightly more respected and read than Futures magazine (sarcasm intended) – the […]
Category: Managed Futures
06
Jan
2011
05
Jan
2011
Managed Futures 2010 Performance…more detail
We mentioned in our last post that managed futures as an asset class posted gains in December to end the year up 9.20% (based on Newedge CTA Index), and now get into some of the details for varying strategy types within managed futures for both December and the year gone by. First up, a listing […]
03
Jan
2011
Managed Futures up +3.27% in Dec., finish 2010 up 9.20%
Managed Futures as an asset class closed out a strong second half of the year with gains of +3.27% in December to push the Newedge CTA index measuring managed futures performance to a gain of +9.20% for the year. [Past performance is not neccessarily indicative of future results] As you can see from the plot […]
29
Dec
2010
Stocks/Metals Surging to Close out 2010; Time to Book Gains?
Stocks and metal markets have continued higher that past two days on light volume as traders take advantage of holiday market conditions. Our best guess is that volume in most markets is a third to half of what it is on a typical trading day, but that hasn’t stopped metals from moving higher this week […]
27
Dec
2010
Where is Dighton Capital?
With Cotton going limit down at one point today (view chart here) on news that China will be raising rates to cool off rising prices in that country, one of our clients called in asking where Dighton Capital has been over the last few months in “softs”. After bouncing back strongly this year with gains […]
17
Dec
2010
Managed Futures in the post Lehman/Madoff era, via FINalternatives
Nice managed futures educational/promotional piece by Bruce Mumford of 2100 Xenon Group in FINalternatives today explaining how managed futures have looked in the post Lehman/post Madoff era. A few highlights: …Lehman and Madoff illustrated the need for the very best of what the managed futures industry has to offer, specifically transparency, liquidity, and uncorrelated returns. […]
10
Dec
2010
2 year anniversary of Madoff arrest
Tomorrow will mark two years since Bernie Madoff was arrested for what is now known as the biggest Ponzi scheme in history; with the US Trustee marking the occasion with a $19 Billion civil lawsuit today (read here). But what has changed since then? It doesn’t seem like a whole lot has changed….. Hedge funds […]
06
Dec
2010
That was fast…new 2010 highs for some commodities
That was fast…. After a sharp commodity sell off mid November from annual highs, last week saw several markets push back above their early November high points. Palladium started the ball rolling on Thursday (putting in a high 25% above its low just 12 trading days ago), followed by Silver, Gold, Crude Oil, Heating Oil, […]
03
Dec
2010
Time to get into a quality Managed Futures program at a discount?
While most investors can’t stomach investing in something which is on a losing streak, we have long been proponents of trying to break the “in at the highs, out at the lows” cycle by trying instead to “get in at the lows”. And even have some good data on it in our past newsletters: Managed […]
02
Dec
2010
Managed Futures Down –2.75% to –3.25% in November
After a nice run of three consecutive up months, we are estimating that Managed Futures as an asset class were down between -2.75% and 3.25% in November (The Newedge CTA Index is showing a preliminary number of -2.78%). Systematic Multi-Market programs which were mostly long commodities and foreign currencies suffered the most due to mid-month […]
